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1716 Main Street
Lewiston, ID 83501
Asking Price
$1.81M
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Distressed 66-Unit Hotel in Lewiston, ID – Major Value-Add & Branding Upside <ul><li><span>Significant Room Count: A 66-unit hospitality asset consisting of 64 guest keys plus a 2-bedroom manager’s apartment, providing flexible housing options for on-site management or additional rental income.</span></li><li><span>Deep Value-Add Play: Currently operating as a distressed, owner-absentee asset with approximately 50% of the guest rooms offline. This presents a massive “blank canvas” opportunity to renovate and stabilize at market rates.</span></li><li><span>Strategic Br
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NOI
$80,000
Cap Rate
4.42%
DSCR
0.74
Underwater
Cash-on-Cash
-5.06%
Monthly Payment
$8,954.892
Annual Cash Flow
$-27,458.709
